What is the price of olive oil per kilogram/pound in Tunisia today?
The retail price range for Tunisia olive oil is between US$ 7.71 and US$ 15.42 per kilogram or between US$ 3.50 and US$ 6.99 per pound(lb). Click here to see today's exact prices of olive oil in Tunisia
The retail price range in Tunisian Dinar for olive oil is between TND 23.70 and TND 47.40 per kilogram or between TND 10.75 and TND 21.50 per pound(lb) in Tunis and Sfax.
In 2023, the approximate wholesale price range for Tunisia olive oil is between US$ 5.40 and US$ 10.79 per kilogram or between US$ 2.45 and US$ 4.90 per pound(lb).
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Tunisia Olive Oil Export Prices - Historical, Trends and Prediction
The export price of Olive Oil from Tunisia over the last five years has been quite varied. In 2017, the price per kilogram was 4.02 US dollars, the highest of the five years. This was followed by 2016, with a price of 3.58 US dollars per kilogram. In 2018, the price dropped to 3.50 US dollars per kilogram, before dropping further to 2.75 US dollars in 2019. The lowest price of the five years was in 2020, with 2.12 US dollars per kilogram. The price has since increased to 3.10 US dollars per kilogram in 2021. Based on this data, it is predicted that the export price of Olive Oil from Tunisia in 2023 will be around 3.25 US dollars per kilogram, and in 2024 will be around 3.40 US dollars per kilogram.
The exports of olive oil from Tunisia are classified as:
- Other oils and their fractions, obtained solely from olives, whether or not refined, but not chemically modified, incl. blends of these oils or fractions with oils or fractions of heading 1509 (HS code 151000)
- Olive oil and fractions obtained from the fruit of the olive tree solely by mechanical or other physical means under conditions that do not lead to deterioration of the oil (excluding virgin and chemically modified) (HS code 150990)
- Virgin olive oil and its fractions obtained from the fruit of the olive tree solely by mechanical or other physical means under conditions that do not lead to deterioration of the oil (HS code 150910)
Tunisia Olive Oil Import Prices - Historical, Trends and Prediction
The import price per kilogram of Olive Oil into Tunisia over the last five years has been quite volatile. In 2016, the price was at its highest at $3.58 per kg, before dropping to $3.50 in 2018. However, the price has been on the rise again since then, reaching $3.10 in 2021. This suggests that the price of Olive Oil is likely to continue to increase in the coming years. Based on this trend, it is predicted that the import price per kilogram of Olive Oil into Tunisia in 2023 will be around $3.30 and in 2024 will be around $3.50.
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Export values for Tunisia olive oil
The total values in export for olive oil in Tunisia were US$ 412,279, US$ 423,279, US$ 817,020 and US$ 477,132 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.